Axis Bank has launched rooftop solar finance, a tailored financing solution to support micro, small, and medium Enterprises (MSMEs) in transitioning to solar energy and optimising energy costs through energy self-reliance. Under the programme, MSMEs can access collateral-free loans ranging from Rs 1 million to Rs 20 million, with flexible repayment tenures of 4–7 years. This financing structure enables MSMEs to invest in rooftop solar systems without straining their balance sheets or disrupting working capital cycles.
Furthermore, the product is being rolled out nationwide through Axis Bank’s wide branch network. To ensure reliable execution, the Bank has partnered with leading original equipment manufacturers and a technology partner to provide MSMEs with greater transparency into system costs, expected savings, and project timelines across the solar adoption process.
The offering helps MSMEs install self-owned rooftop solar systems, enabling them to lower operating expenses and gain greater control over energy costs. It also supports long-term financial resilience while contributing to India’s clean energy transition.
